PAYE worker: have started a pt-time business not ltd co: what returns or payments

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barttarb

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I am a PAYE worker but also started a part time buisness last January (Jan 2008)

I doubt if I have made any profit this year, but not sure until I look at the books. I am still being paid and paying Tax via PAYE in a different business altogether , of which I am not a director or do not own any shares

I have no other income at all apart from PAYE and this other Part time business which I started last Jan (Not a limited Company)

Do I have to make any return or pay any prelim Tax before end of October this year ?
 
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Re: New Business - what returns or payments

Have you file tr1 to register self employed from jan for part time business. at 31/10/08 you should pay something on account maybe €500. the first tax return you file for 2008 you will file by 31/10/09 will include paye p60 for 08 plus self employed for 08.- if you do accounts up in early 09 you knew exactly how much you will owe.
 
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